AXIS raises $200m from common stock issue
Bermudian (re)insurer AXIS Capital has announced that it has closed the previously announced public offering of 6.8m common shares at $29.42 per share, raising aggregate net proceeds of approximately $200m.
Together with two separate $250m issues of preferred stock, this brings the total capital raised by AXIS since Hurricane Katrina to $700m.Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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